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Leokris [45]
3 years ago
12

Fill in the blanks to complete the sentence. Fixed costs equal $25,000; variable cost per unit is $2.50 and units produced are 1

0,000. The total budgeted costs is
Business
1 answer:
AlladinOne [14]3 years ago
0 0

Answer:

Total cost= $50,000

Explanation:

Giving the following information:

Fixed costs equal $25,000

Variable cost per unit is $2.50

Units produced=10,000

<u>To calculate the total costs, we need to use the following formula:</u>

Total cost= fixed costs + total variable cost

Total cost= 25,000 + 2.5*10,000

Total cost= $50,000

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Sue is a small business owner who often gives gifts to clients. She gives a $40 gift to her client, Mr. Smith, and his wife. Sue
PilotLPTM [1.2K]

Answer:

D) $801

Explanation:

Businesses can only deduct $25 per gift per client, in this case the client's wife is not an actual client, so Sue can only deduct $25 for the gift plus the wrapping expenses. She can also deduct the $400 spent in the calendars and the $370 watch.

Sue's total deductions = $25 + $6 + $400 + $370 = $801

8 0
2 years ago
Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as a.period costs
Dima020 [189]

Answer:

Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as Product costs and expenses when the goods are sold, Option D.

Explanation:

Indirect costs are also manufacturing overheads which cannot be directly put on the product but they have to be allocated in some way. So, these are treated as 'product costs' and 'expenses' when the goods are sold. They are not period costs as per Option A and option C. Option B which says that it is product costs when incurred, which is also incorrect.

Examples of indirect costs can be accounting and legal expenses, rent, telephone expenses, salaries of administrative.

Direct costs includes the costs of direct 'labor', materials and commissions.

8 0
2 years ago
Increasing the promotional budget for a product in order to increase awareness is not advisable in the short run under which of
Sergio [31]

In a situation where production capacity is maxed out (200% plant utilization) and the company is stocking out of the product, it is not advisable in the short run to increase the promotional budget for the product in a bid to increase awareness.

6 0
2 years ago
Read 2 more answers
Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?
dimaraw [331]
B. Serena should focus on a certain amount and track her spending
5 0
2 years ago
Elaine Sweeney went to Ragged Mountain Ski Resort in New Hampshire with a friend. Elaine went snow tubing down a run designed ex
ludmilkaskok [199]

Explanation:

1. Ragged mountains assertion of defense is '<u>assumption of risk</u><u>'</u><u>.</u><u> </u>In this scenario, Elaine Sweeney exposed herself to risk while snow tubing at the absence of an instructor. snow tube run is solely for snow tubers. ragged mountain can use this defense

2. new hampshire has prohibited people from suing for injuries received due to skiing risks. in a case of this sort, ms Elaine would be assumed to know all possible risks involved. the defendant will be favored since it has been advised that people should not go into sports of these sorts witout good training and an instructor.

3. no Elaine's lawsuit will not be successful if the conclusion of the court is that the statue applies to skiing and not to snow tubing. one should be cautious during snow tubing. she went snow tubing without proper care. it is likely that she may not win the case.

4. the theory is <u>contributor</u><u>y</u><u> </u><u>neglige</u><u>nce</u><u> </u><u>theor</u><u>y</u><u>.</u><u> </u>her damages is going to be reduced in proportion with the actions that has brought about her accident. for this reason she is partly responsible.

5 0
2 years ago
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